NEW YORK: Several key players in President-elect Donald Trump’s new cryptocurrency venture head to Abu Dhabi on Monday for the largest bitcoin gathering in the Gulf region as the digital currency sets record highs. Speakers include the president-elect’s son Eric and billionaire Steve Witkoff, the new White House envoy for the Middle East and co-founder […]
Crypto.com Acquires UAE-based Orion Principals Limited to Boost Financial Product Expansion
Dubai, December 9, 2024 – Crypto.com has today announced a further acceleration of its plan to offer traditional financial services products with the acquisition of Orion Principals Limited, regulated by the Abu Dhabi Global Market (ADGM). Orion is an Abu Dhabi-based brokerage company and is licensed by ADGM to provide investment and ancillary services in relation […]
Bitcoin Surges Past $100,000 Cementing Role in Financial Mainstream
Bitcoin crossed the $100,000 threshold for the first time on Thursday, marking a significant milestone in its journey from a niche libertarian experiment to a mainstream financial asset. The historic rally reflects growing investor confidence in cryptocurrencies amid expectations of a crypto-friendly U.S. administration. The total market value of cryptocurrencies has nearly doubled in 2024, […]
Bitcoin breaks $96,000 for first time in History
SINGAPORE: Bitcoin surged past $96,000 for the first time on Thursday, fueled by investor optimism over a potentially friendlier regulatory environment under US President-elect Donald Trump. The cryptocurrency reached an intraday high of $96,898 in Asian trading, marking a significant leap in its march toward the $100,000 milestone. The digital asset has more than doubled […]
Bitcoin Breaches $94,000 for the First Time
Singapore: Bitcoin reached an all-time high of $94,078, fueled by reports suggesting that Donald Trump’s social media company, Trump Media and Technology Group (TMTG), is in advanced talks to acquire the cryptocurrency trading platform Bakkt. The surge reflects growing optimism about a crypto-friendly stance under the incoming Trump administration. The cryptocurrency, which has more than […]
Bitcoin Edges Closer to $90,000 After Hitting Yet Another High
Bitcoin surged to a new all-time high of $89,640 early Tuesday, edging closer to the highly anticipated $90,000 mark as investors ramp up bets on Donald Trump’s return to the White House after his decisive victory in last week’s U.S. presidential election. The cryptocurrency market has rallied strongly, with Bitcoin gaining approximately $8,600—an 11% increase—in […]
Bitcoin Breaks $81,000 as Trump election turbocharges Cryptocurrencies
Singapore – Bitcoin reached a record high above $81,000 on Monday amid a growing belief that cryptocurrencies could thrive under a favorable regulatory environment in the United States following Donald Trump’s recent election as President, along with the success of pro-crypto candidates in Congress. The world’s largest and most popular cryptocurrency has more than doubled […]
Bitcoin Reaches Historic High Above $80,000 Amid Speculation Over Trump’s Return to White House
London – Bitcoin surged to a new all-time high on Sunday, topping $80,000 as traders speculated that Donald Trump’s potential return to the White House could boost the digital currency’s prospects. The cryptocurrency’s rapid climb reflects investor confidence in the former president’s pro-crypto stance, with many expecting his policies to foster growth in the sector. The […]
OKX Partners with Standard Chartered to Enhance Institutional Crypto Custody Solutions
Dubai, UAE – November 4, 2024 In a significant move to enhance its digital asset custody offerings, OKX, a leading onchain technology and crypto exchange company, has announced a partnership with Standard Chartered. This collaboration positions Standard Chartered as the third-party custodian for OKX’s institutional clients, marking a critical step in OKX’s commitment to security, […]
Zand Bank Partners with IDA to Facilitate Blockchain Cross-Border Payments Across MENA and Asia
29 October 2024, Hong Kong – IDA, a prominent stablecoin issuer based in Hong Kong, has entered into a strategic alliance with Zand Bank, the UAE’s first fully licensed all-digital bank, to enhance cross-border digital payment solutions across the Belt and Road regions and BRICS Plus. This collaboration leverages blockchain and AI to enable seamless, […]